LightSquared to Consider Chapter 11 After Recent Struggles
Beleaguered wholesale mobile broadband network considering reorganization after recent struggles, demonstrates current state of wireless industry.
Sprint Announces Formal Termination of LightSquared Agreement
Sprint officially announces termination of network hosting and spectrum agreement with LightSquared
LightSquared Close to Bankruptcy, Misses Key Payment and Lays Off Workers
The bad news is piling on for embattled network LightSquared, as the company has missed a key payment to satellite network operator Inmarsat as it scrambles to remain in business following last week’s FCC decision to reject the network rollout until the company can reassure the regulator that its planned LTE network will not interfere [...]
LightSquared CEO Sued By Investors, Network Rollout Halted by Regulators
After a tumultuous year which saw LightSquared garner attention by attempting to become the first wholesale LTE network powered by satellite arrays and signing on carriers such as Sprint, Leap Wireless and countless virtual operators, Philip Falcone’s attempt to become the Craig McCaw of LTE has been struck dead thanks to the FCC and the [...]
